227: Chapter 227 Gao Sheng Research Department's "Informal Consultation"

Gaosheng Asia Headquarters, 23rd floor.

The meeting room door was tightly shut, and the curtains were drawn halfway, leaving a gap.

Outside, the sunlight slanted through half the window, cutting in and dragging a thin, bright strip across the wide conference table.

Several printed documents were scattered on the table, and a few laptops were closed, resting quietly on the side.

Five people sat around the table.

At the head of the table, furthest inside the room, sat the head of the Research Department.

He was in his early forties, with thin-rimmed glasses perched on the bridge of his nose. The collar of his shirt was unbuttoned at the top, making him look less rigid and formal, exuding a calm composure.

He held a signature pen between his fingertips, tapping the cap lightly against the desktop twice. The sound was very faint, and then he stopped, remaining still.

"Three years."

He spoke slowly, his voice calm and steady, carrying a heavy weight.

"Three whole years, starting from zero, step by step to reach this industry position."

Mr. He flipped through the document in front of him. The entire page was filled with line graphs and bar charts, and next to each key data point, the same name was marked: Xinyuan Capital.

"Look at their position-building timeline."

"Tesla position, entered at the lowest point of the second quarter of 2020. NVIDIA was also entered in the second quarter. TSMC was a bit later, precisely bought in during the third quarter."

He paused, his gaze sweeping over everyone present.

"Every single time, they almost hit the lowest point of the market trend. It's absurdly accurate."

A young analyst on the side lowered his head to check his notes, then looked up to add.

"And that's not all. Their publicly disclosed shareholding ratio has always been firmly kept below 4.9%. No one knows exactly how many chips they have in secret."

"They don't vie for absolute control, but they hold just enough to grasp the voting power of shareholders, capable of swaying the final resolution every time. This number is calculated too precisely; it's definitely not just random guessing or luck."

Mr. He closed the entire document and pushed it gently to the center of the conference table.

"In the industry, has anyone had contact with the decision-maker of this institution?"

The conference room fell silent instantly; the air felt stifling.

A few seconds later, the young analyst who had just spoken slowly raised his hand, his movements hesitant, filled with uncertainty.

"Mr. He, I have heard some rumors on my end."

"Speak."

"I have a friend who works at Yansheng Bank. He mentioned it to me a few times before that Xinyuan Capital has a very mysterious shareholder surnamed Li."

The young analyst paused, weighing his words before speaking.

"These were all fragmented remarks from private chats. I just listened to them casually at the time, but when I reviewed the market trends later, I realized that every sentence held a hidden meaning."

Mr. He leaned forward slightly: "Give me an example."

The analyst lowered his head to swipe open his phone, searching for old records. Finding it, he cleared his throat and began.

"At a private dinner once, he casually said, 'That Tesla factory is quite big.'"

When the words fell, the conference room went quiet again.

Mr. He didn't respond immediately. He put down the pen in his hand, leaned back against the chair, and slowly pondered this simple sentence.

"Just this one sentence? No other foreshadowing, no follow-up?"

"Yes." The young analyst nodded. "It was just casual chatter in a relaxed setting, said while eating. It looked as ordinary as could be, with no context whatsoever."

Another analyst next to him couldn't help but ask.

"'Quite big'? That's too vague. Does it mean the factory scale is large? Production capacity reserves are sufficient? Or is the entire supply chain layout deep enough?"

"No one knows." The analyst shook his head gently. "The exact words were just those five characters, with no extra room for interpretation."

Mr. He picked up his pen and quickly jotted a few notes in his notebook.

"Are there any other examples?"

The analyst continued to flip through his phone records and soon spoke again.

"There was another time, after an online board meeting for NVIDIA, he was chatting with someone and said, 'That meeting was held too early, I'm sleepy,' and that Old Huang was even smiling along."

As the words fell, someone in the conference room couldn't help but let out a low laugh, then quickly restrained their expression.

Only Mr. He remained expressionless, lowering his head to write down this sentence, and asked in a deep voice.

"How do you interpret this sentence?"

The young analyst spoke cautiously.

"Two possibilities. First, he is completely confident in NVIDIA's technical roadmap and development layout, having already reached a conclusion in his mind, so there's no need to listen carefully to the meeting content."

"Second, it's just the literal meaning: he simply got up too early and was indeed sleepy."

"Which one do you lean towards?"

Mr. He looked up and scanned the crowd.

Several people looked at each other; no one dared to draw a conclusion easily, and the whole room remained silent.

"Keep going, are there any more?"

Mr. He didn't dwell on this question and urged softly.

"There is one more, even more coincidental."

The analyst pulled up the last record, his tone carrying a bit more solemnity.

"One day, while buying mangoes at a street fruit stand, he casually said, 'These mangoes are quite sweet.'"

"As a result, the very next day, Yansheng Bank made a massive position build, buying up a large batch of assets related to agricultural products in Southeast Asia."

After this sentence was spoken, the conference room fell into absolute silence.

Someone picked up a water cup and took a sip to hide the shock in their heart; someone else stared fixedly at the materials on the table, their mind already churning.

The hum of the central air conditioning became the only sound in the room, drowning out the distant sound of traffic outside the window.

Mr. He sat quietly for a full ten seconds before slowly speaking, breaking the silence.

"Have you noticed that every one of his casual remarks is like a set of codes without a key?"

Upon hearing this, the young analyst immediately put down his phone, sat up straight unconsciously, his expression solemn.

A senior analyst next to him frowned and raised a question.

"But we don't have any concrete proof. In public data, we can't find any direct causal link between these casual remarks and subsequent market trends."

"There is no causality, but there is an extremely strong correlation."

Mr. He's tone was firm, each word clear.

"And this kind of high-frequency, precise correlation is definitely not a coincidence."

He opened a blank page in his notebook and circled a few words with his pen: Market Sentiment Weight.

Following that, he drew an arrow pointing to a second circle next to it, writing down a brand new analytical dimension: High-Perception Sentiment Calibration.

"Starting next month, adjust the quantitative model parameters."

"The weight of the original market sentiment factor will be lowered by three percentage points, and this brand new analytical dimension will be added."

"Mr. He, what is the official name of this new factor?" The young analyst asked quickly.

"Just call it 'High-Perception Sentiment Calibration'."

Mr. He spoke faintly, without explaining the data source of this dimension or mentioning the core basis behind it.

But everyone present knew it clearly.

One month later, Gaosheng's internal quantitative model officially integrated the brand-new factor.

For the first two weeks after going live, data trends were stable, showing almost no difference from the old model's calculations, with no discernible divergence.

It wasn't until the third week that the volatility of a popular tech stock showed an abnormal deviation.

The brand-new "High-Perception Sentiment Calibration" factor captured the hidden signal at the first moment, and the model directly gave the instruction: Reduce holdings.

Just one week later, this tech stock plummeted by twelve points because its financial report significantly missed expectations.

At the team's internal review meeting, someone retraced the original input data from that time.

Everyone was stunned.

The source that triggered this precise risk warning was just a piece of private chatter that had leaked through a third-party channel, with no recording and no public record.

In that conversation, that Mr. Li only said one sentence: "I'm not very optimistic about that track; it's too crowded."

Just that one sentence.

Since then, this new factor without an official name had a dedicated code within Gaosheng.

"Mr. Li Parameter."

No one officially issued a document to name it, but the entire Research Department, and even the entire trading layer, all defaulted to calling it that.

Even Mr. He himself used this private name when sending internal work emails mentioning this factor.

A year later, the annual revenue review was released.

No one expected that this single added parameter alone contributed over ten percent of excess returns to the company.

Within Gaosheng, a half-joking saying slowly spread.

"As long as Mr. Li says which roast duck is delicious, buying the stock of that chain brand with your eyes closed will definitely be right."

This was initially just a joke among colleagues.

But later, someone specifically checked the market trends, and during that period, the stock price of the leading domestic roast duck chain had indeed quietly risen by eight points.

This matter was told to Li Xin by Chen Hu in a routine intelligence report.

In the evening, the sky was cool.

Li Xin had just finished dinner and was lazily leaning on the living room sofa, flipping through a leisure magazine.

Chen Hu stood to the side, holding a tablet, reporting in a steady tone.

"Boss, I received some overseas intelligence. The Gaosheng Research Department has specifically built an analytical model targeting you."

Li Xin raised his eyes slightly upon hearing this, moving the magazine down a bit.

"Analyze what about me?"

"Specifically capturing all your private remarks."

Chen Hu reported truthfully.

"Including all kinds of private occasions, informal settings, casual chatter, and fragmented statements, all of which are incorporated into their quantitative database."

Li Xin was stunned for two seconds and couldn't help but laugh.

"What's there to analyze about the random things I say?"

"Their conclusion is that every casual word you say is a market signal prompt."

Chen Hu's tone remained steady throughout.

Li Xin put down the magazine, placed it casually on the coffee table, and picked up his water cup to take a sip.

He chuckled, his tone casual.

"At this rate, if I casually say 'The weather is nice today' tomorrow, are they going to turn around and buy concept stocks for weather satellites?"

Chen Hu was always serious, but at this moment, the corners of his mouth twitched slightly, suppressing a smile.

"Theoretically, that is possible."

Li Xin was silent for a moment, then asked another question.

"They should also know that many things I say are just casual expressions, without any deep meaning."

"They know."

Chen Hu nodded.

"But their internal judgment is that your 'casual remarks' are themselves intuitive judgments of top-tier market cognition, which are more reliable than all public research reports."

Li Xin put down the water cup and didn't respond further.

He picked up the magazine again and slowly turned a page.

His gaze fell on the text on the page, but his mind had long since drifted away, indifferent.

Half a month later, at a private high-end gathering.

Li Xin ran into a Gaosheng staff member.

The other party was very young, looking to be under thirty, dressed in a well-tailored suit with a neatly tied tie, meticulous.

The two exchanged simple pleasantries and chatted for a few meaningless formalities.

After the atmosphere relaxed, the young man finally couldn't help but carefully probe.

"Mr. Li, may I ask for your opinion? Have you paid attention to that new tech stock in the edge computing track recently?"

Li Xin scanned him faintly and responded truthfully.

"Haven't looked at it."

Just those three simple words.

A glimmer of light instantly lit up in the young man's eyes, as if he had captured core intelligence worth a thousand pieces of gold.

He didn't continue to press, immediately restrained his expression, and nodded respectfully.

"Okay, thank you, Mr. Li."

At that time, Li Xin didn't take this brief conversation to heart.

Until three months later, a piece of financial news flooded the screen.

That new leading stock in edge computing plunged off a cliff, with a cumulative drop of a full thirty points.

When the news popped up, Li Xin was eating lunch.

His chopsticks, holding some food, hung in mid-air as he scanned the news headline, pausing slightly.

He casually picked up his phone and sent a message to Chen Hu: [Does Gaosheng have a position in this stock?]

Chen Hu's reply was immediate, crisp and clear: [No long positions built; shorted the entire way, profits are significant.]

Li Xin locked his screen and put down his phone, looking at the news on the screen, remaining quiet and silent for a few seconds.

He knew very well in his heart.

That "Haven't looked at it" back then was truly not having paid attention, not having researched, and not having any prior judgment.

The pure, unvarnished truth.

Not long after, Gaosheng held an internal closed-door review meeting.

At the end of the meeting, Mr. He publicly stated a conclusion that spread throughout the entire department.

"The three characters 'Mr. Li' are worth thirty million."

The subordinate beside him immediately corrected him precisely.

"Mr. He, this short position trade last month had a final net profit of thirty-two million."

Mr. He nodded slightly, his tone firm.

"Then thirty-two million it is."

This short internal meeting remark soon reached Li Xin's ears.

By then, he had long ceased to care about these so-called valuations and titles.

The afternoon sun was just right; he was sitting in his own courtyard flipping through an art book, with a gentle breeze blowing.

Chen Hu walked slowly to his side and reported in a low voice.

"Boss, Gaosheng has officially entered your 'Haven't looked at it' into their model factors."

Li Xin looked up at him, his expression calm.

"They determined that 'no attention, no research' is in itself a top-tier market negative judgment," Chen Hu added.

Li Xin closed the art book, placed it gently on his knees, and laughed helplessly.

"That day, I really just hadn't looked at it."

Chen Hu stood to the side, not responding.

The courtyard was silent.

The evening breeze passed through the lush banyan tree branches and leaves, blowing up a rustling sound, dissolving all silent refutations.